About Witmans Innovation Private Limited
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Witmans Innovation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 29 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U82990MH1997PTC112692. Its GSTIN is 27AADCS9812L1ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Witmans Engineering Private Limited. It is led by directors including Hemprakash Ganpatiram Chauhan and Hemali Hemprakash Chauhan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.88 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹6.8 Lakh (net margin 3.6%) and EBITDA of ₹10.94 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website witmans.net.
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- Registered Address308 Shree Krishna Industrial Estate 3rd Floor W.E.Highway Ketkipada Road N, R Cng Pump, Mumbai, Maharashtra, India – 400068
- IndustryEngineering, Industrial Maintenance & Repair Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Witmans Innovation Private Limited
The main business activity of Witmans Innovation is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Witmans Innovation Private Limited FY 2025 filings available
Witmans Innovation Private Limited reported revenue of ₹1.88 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Witmans Innovation Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 47% growth in the latest year. EBITDA rose 201% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Witmans Innovation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.8 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Witmans Innovation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Witmans Innovation are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Witmans Innovation Private Limited
Witmans Innovation Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Maintenance Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metsand Techno Solutions Private Limited | ₹1.89 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Vkc Post, Kerala, India |
| Pico Puro Technologies India Private Limited | ₹1.89 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Sannidhi Laser Solutions Private Limited | ₹1.88 Cr (FY 2025) | •••• | •••• | 655.0% | •••• | Bangalore, Karnataka, India |
| Prehence Engineers Private Limited | ₹1.88 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Oneextramiles Tours Private Limited | ₹1.88 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Witmans Innovation Private Limited this company | ₹1.88 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Mumbai, Maharashtra, India |
| Nishuma Services Private Limited | ₹1.88 Cr (FY 2025) | •••• | •••• | •••• | Patna, Bihar, India | |
| Otse Elevators and Escalators Private Limited | ₹1.87 Cr (FY 2019) | •••• | •••• | 23.0% | •••• | Pune, Maharashtra, India |
| Pasupati Sales and Services Private Limited | ₹1.87 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | New Delhi, Delhi, India |
| Maa Jagdambe LPG Bottling Plant Private Limited | ₹1.86 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Patna, Bihar, India |
| Laser Lab (India) Private Limited | ₹1.86 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Witmans Innovation by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Maintenance Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Witmans Innovation Private Limited
Witmans Innovation has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemprakash Ganpatiram Chauhan | Director | 29 Dec 1997 | 28 Years 9 Months | Current |
| Hemali Hemprakash Chauhan | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Chetan Hemprakash Chauhan | Director | 08 Sep 2008 | 18 Years 1 Months | Current |
Charges & Borrowings of Witmans Innovation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2020 | Hdfc Bank Limited | ₹6 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Witmans Innovation Private Limited
Employment history and EPFO contributions of people linked to Witmans Innovation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Witmans Innovation Private Limited
Witmans Innovation has one previous CIN (Corporate Identification Number): U31900MH1997PTC112692. The current CIN is U82990MH1997PTC112692, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U82990MH1997PTC112692 | Current |
| U31900MH1997PTC112692 | Previous |
Recent Activity on Witmans Innovation Private Limited
Witmans Innovation Private Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Hemali Hemprakash Chauhan ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Witmans Innovation Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Witmans Innovation Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Witmans Innovation Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Witmans Innovation Private Limited
Witmans Innovation has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS9812L1ZW | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Witmans Innovation Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Witmans Innovation Private Limited
Witmans Innovation is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 29 December 1997 (29+ years old) and is registered under CIN U82990MH1997PTC112692.
Witmans Innovation reported revenue of ₹1.88 Cr for FY 2024 (up 47% YoY).
Witmans Innovation has 3 current directors:
- Hemprakash Ganpatiram Chauhan - Director
- Hemali Hemprakash Chauhan - Director
- Chetan Hemprakash Chauhan - Director
Witmans Innovation reported a net profit of ₹6.8 Lakh (net margin 3.6%) and EBITDA of ₹10.94 Lakh (EBITDA margin 5.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Witmans Innovation is 8% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Witmans Innovation is 27AADCS9812L1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Witmans Innovation is U82990MH1997PTC112692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Witmans Innovation was incorporated on 29 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Witmans Innovation by revenue are Metsand Techno Solutions Private Limited, Pico Puro Technologies India Private Limited, Sannidhi Laser Solutions Private Limited, Prehence Engineers Private Limited, Oneextramiles Tours Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Maintenance Services).
Hemali Hemprakash Chauhan ceased to be Additional Director on 30 Sep 2022. Hemali Hemprakash Chauhan was appointed as Director on 01 Apr 2022. Suman Rajendra Saini ceased to be Director on 31 Mar 2015. Witmans Innovation has 5 board changes on record in total.
Witmans Innovation can be reached through the website witmans.net. Its registered office is in Mumbai, Maharashtra, India.